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BUSINESS REFERENCE : 9015 / RightBiz FREEHOLD DANCE SCHOOL FOR SALE IN MERSEYSIDE | | | | | | Dance School Merseyside Prime Location. Well Established. Scope To Increase Trade. Enviable Reputation. | | | BUSINESS LOCATION: | Undisclosed Merseyside UNITED KINGDOM | | BUSINESS SECTOR: | Miscellaneous | | TRADE TYPE: | Other | | SALE: | Agent Sale | FREEHOLD: | £820000 | | | | | | | | | | | BUSINESS DETAILS: | Location
This dance centre is located in a prominent and desirable position within Liverpool. The business occupies substantial three-storey premises, comprising of two impressive townhouse style buildings with an additional basement level. It has a wide double frontage with car parking facilities for several vehicles at the front, in addition to extensive mature gardens with feature ornamental paved areas and a further two single garages at the rear of the property. It is within a sought-after and popular residential area, from which the business derives much repeat custom, as well as being close to numerous primary and secondary schools, and Alder Hey Children's Hospital. Being situated on one of the major arterial roads in the area it generates much passing trade. The area is easily accessible, being just off the main A57 Prescott Road, which links the M62 motorway to Liverpool city centre only 2 miles away.
Business History
Bag A Business is delighted to offer for sale this thriving and highly regarded dance school, in such an ideal trading location within Liverpool. The dance centre has been established since 1937 and has built up an enviable reputation throughout the North West and remarkably, has only had two owners since that time. It specialises in all categories of dancing from ballroom to salsa, rock 'n' roll, cha-cha, and waltzing to the social foxtrot, and offers fun for everyone from beginners to professionals. The dance centre has four teaching studios and a large feature main ballroom, allowing for practice seven nights a week. There is also a licensed bar for members, as well as a bar lounge in addition to an extensive garden patio area, especially popular in the summer months. Currently annual turnover is £132,000, achieving an 83% gross profit. There remains infinite scope to develop this further if desired, through the introduction of food, daytime use of the studios, or alternatively marketing of premises for parties, functions and christenings. This is a particularly desirable purchase as the building has exceptionally spacious private living accommodation with up to eight bedrooms and a number of private lounges. This is a unique opportunity to purchase such a thriving and well supported local business. Early discussions with Bag A Business must come highly recommended.
FINANCIAL PROFILE
A/T: £132,500
GP: 83%
OPENING HOURS
Mon& Thur: 5.30pm - 11.00pm
Tue - Wed, Fri & Sun: 7.30pm - 11.00pm
Sat: 10.00am - 12.00pm & 7.30pm - 11.00pm
PROPERTY DETAILS
Substantial three-storey double townhouse style premises with car park, extensive rear gardens and additional basement level, briefly comprising:
GROUND FLOOR
Two front entrances
Member's bar area with wall mounted 'honours' boards, tables and chairs
Lounge bar area with tables, chairs and perimeter seating for 50-60
Kitchen
Corridors with various glass fronted trophy cabinets
Ladies and gents toilets
Main ballroom: sprung wooden dance-floor, perimeter seating, music area/entertainment system, DJ booth
Studio 1: Wooden dance floor with double doors to main ballroom
Dance accessory shop with product display stands, shelving and racking
Studio 2: Sprung wooden dance floor
Domestics store, cloakroom and hatch, reception booth and store room
FIRST FLOOR
Lounge/dining room
Bathroom with tiled walls, corner bath, w/c, basin
2 double bedrooms
Kitchen
Lounge
SECOND FLOOR
Bathroom with walk in shower, w/c, basin
3 double bedrooms
Private kitchen
3 x large studio rooms
Office
Gym
Music rooms
BASEMENT
Studio 3: Wooden dance floor
Studio 4: Wooden dance floor
Staffroom
Storeroom
Gents w/c
Games room with pool table
Store room
Cellar with beer/bottle store
Workshop
EXTERNAL
Wide double frontage
Car parking facilities for several cars
Separate entrance and exit
Extensive rear gardens with patio areas, paving, and brick pathways
Lawns and mature flower beds, plants, shrubs
2 x single garages
Greenhouse
TENURE
Freehold | | | | | | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 9015 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
